Premium
Sustainability and Stability? Australian Fiscal Policy in the Twentieth Century
Author(s) -
Olekalns Nilss
Publication year - 2000
Publication title -
australian economic papers
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.351
H-Index - 15
eISSN - 1467-8454
pISSN - 0004-900X
DOI - 10.1111/1467-8454.00081
Subject(s) - fiscal policy , fiscal sustainability , constraint (computer aided design) , economics , government (linguistics) , sustainability , budget constraint , fiscal union , macroeconomics , economic policy , fiscal imbalance , fiscal federalism , public economics , decentralization , market economy , mechanical engineering , ecology , linguistics , philosophy , neoclassical economics , biology , engineering
This paper examines data on Australian fiscal policy going back to federation to answer two questions. First, has the conduct of Australian fiscal policy been consistent with the government's intertemporal budget constraint? Second, have there been major structural changes in the conduct of Australian fiscal policy and if so, when did these changes occur?